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Old 02-23-2010, 08:41 PM
chuck44l's Avatar
 
Join Date: Aug 2009
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Default Stocks to watch for Wednesday

Blockbuster(BBI 0.38, -0.02, -4.74%) is likely to report a loss of 12 cents a share for the fourth quarter, according to analysts surveyed by Thomson Reuters.

Goodrich Petroleum (GDP 18.83, -1.19, -5.94%) is expected to report a loss of 22 cents a share for its fourth quarter.

J.M. Smucker Co. (SJM 60.11, -0.28, -0.46%) is forecast to post per-share earnings of $1.05 for its fiscal third quarter.

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Limited Brands (LTD 21.13, +0.10, +0.48%) is expected to report earnings of 98 cents a share in the fourth quarter.

Saks Inc. (SKS 7.08, 0.00, 0.00%) is projected to report a loss of 2 cents a share for the fourth quarter.

Salesforce (CRM 67.55, -0.69, -1.01%) is projected to report a fourth-quarter loss of 15 cents a share.

Thomson Reuters Corp. (TRI 34.84, -0.44, -1.25%) is expected to report fourth-quarter earnings of 43 cents a share.

TJX Cos. (TJX 39.18, -0.19, -0.48%) is expected to report earnings of 91 cents for the fourth quarter.

Toll Brothers (TOL 18.91, +0.01, +0.05%) is projected to post a fiscal first-quarter loss of 35 cents a share.

Washington Post (WPO 412.51, -2.82, -0.68%) is estimated to report a profit of $3.21 a share in the fourth quarter.

Zales Corp.(ZLC 2.49, -0.07, -2.73%) is projected to post earnings of 2 cents a share in the second quarter.

After Tuesday's closing bell, STEC Inc. (STEC 9.79, -3.63, -27.05%) , which makes solid state drives and other data-storage products, saw it shares plunge more than 25%. The company forecast a first-quarter loss, excluding one-time items, of 11 cents to 13 cents a share, on revenue of $33 million to $35 million. Analysts surveyed by Thomson Reuters had forecast earnings of 20 cents a share on $70 million in sales. STEC said its results would be damaged due to an inventory carryover by its largest customer that will last through the first half of 2010.

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Salix Pharmaceuticals Inc. (SLXP 28.98, +4.73, +19.51%) shares surged in after-hours trading after an FDA advisory panel voted to recommend approval of the company's 550-miligram tablets of Xifaxan, used to treat brain damage caused as a result of cirrhosis of the liver.

Autodesk Inc. (ADSK 27.40, +1.74, +6.78%) reported a fourth-quarter profit of $50.1 million, or 21 cents a share, on revenue of $456.1 million. During the same period a year ago, the design-software company posted a loss of $105.3 million, or 47 cents a share, on almost $490 million in sales.

DreamWorks Animation (DWA 40.55, -0.87, -2.10%) reported fourth-quarter earnings of $43.5 million, or 50 cents a share. The movie-maker's revenue fell 3% to $194.2 million. Analysts surveyed by FactSet Research had expected DreamWorks to earn 37 cents a share on $176 million in sales
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